Human Resource Management
     Human Resource Management
   Human Resource Management includes all activities 
   used to attract and retain employees and to ensure 
   they perform at a high level in meeting organizational 
   goals.
  These activities are made up of: 
    1. Recruitment and selection.
    2. Training and development.
    3. Performance evaluation and feedback.
    4. Pay and benefits.
    5. Labor relations.
        Components of a HRM System
        Components of a HRM System
                   Recruitment
                   Recruitment
                   Recruitment
                   Recruitment
                   & Selection
                   & Selection
                    & Selection
                    & Selection
            work            Training &
            work            Training &
            work             Training &
            work             Training &
           Relations        Development
           Relations        Development
           Relations        Development
           Relations        Development
                        Performance
                        Performance
                        Performance
              Pay &     Performance
              Pay &
              Pay &
              Pay &     evaluation &
                        evaluation &
                        evaluation &
             Rewards    evaluation &
             Rewards
              Rewards
              Rewards   Feedback
                        Feedback
                         Feedback
                         Feedback
               HRM Functions 
               HRM Functions 
   HRM Functions  should be consistent with the others, 
    organization structure, and strategy. Main functions are: 
    1. Recruitment and Selection :  
    Used to attract and hire new employees who have the 
     abilities, skills, and experiences that will help an 
     organization achieve its goals. 
    2. Training & Development: 
  –   Ensures that organizational members develop the skills 
    and abilities that will enable them to perform their jobs 
    effectively in the present and the future
  –   Changes in technology and the environment require that 
    organizational members learn new techniques and ways of 
    working
           HRM Functions 
           HRM Functions 
   3. Performance Appraisal and feedback: 
   – Provides managers with the information they need to make 
    good human resources decisions about how to train, 
    motivate, and reward organizational members 
   – Feedback from performance appraisal serves a 
    developmental purpose for members of an organization
   4. Pay and Benefits: 
     high performing employees should be rewarded with 
     salaries raises, bonuses. 
     –Increased pay provides additional motivation. 
     –Benefits, such as health insurance, reward membership in 
      firm.
              HRM Functions 
              HRM Functions 
            HRM Components
             HRM Components
    5. Labor relations: 
    Managers need an effective relationship with work 
      unions that represent workers.
        –Unions help establish pay, and working conditions.
     If management moves to a decentralized structure,   
     HRM should be adjusted as well.